Ely Goldman recently opened a specialty food store in Brantford. As the bookkeeper of his shop, journalize,
Question:
2017
June 2. Bought merchandise on account from Beamer Co., invoice No. 3683, dated June 2, terms 2/10, n/30, $2,845.
4 Bought store equipment "on account" from Frank Co., invoice No. 653, dated June 4, $3,125.
7 Bought merchandise on account from Bennet Co., invoice No. 7089, dated June 7, terms 2/10, n/30, $1,980.
15 Bought store supplies on account from Beamer Co., invoice No. 3721, dated June 13, $750.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 85% (7 reviews)
EL Y GOLDMANS SPECIALTY FOODS PURCHASES JOURNAL Date 2017 Account Credited Date of Invoice Inv No Te...View the full answer
Answered By
Hassan Imtiaz
The following are details of my Professional Experience. Responsibilities Eight years of demanding teaching experience in the field of finance and business studies at Master’s Level. Completion of the given tasks within given time with quality and efficiency. Marketing professional with practical experience in and solid understanding of a diverse range of management applications, including market analysis, sales and marketing, team building and quality assurance. I have excellent skills to approach deal and sustain corporate clients / customers by demonstrating not only extraordinary communication and interpersonal skills but also high caliber presentation, negotiation and closing skills. Manage and follow up the day-to-day activities. Manage and co-ordinate the inventories. Fulfillment of all the tasks assigned.
The following are details of my Areas of Effectiveness. Finance 1. Corporate Finance 2. Advanced Corporate Finance 3. Management of Financial Institutions 4. International Financial Management 5. Investments 6. Fixed Income 7. Real Estate Investment 8. Entrepreneurial Finance 9. Derivatives 10. Alternative Investments 11. Portfolio Management 12. Financial Statement Analysis And Reporting (US GAAP & IFRS) 13. International Financial Markets 14. Public Finance 15. Personal finance 16. Real estate 17. Financial Planning Quantitative Analysis 1. Time Value Of Money 2. Statistics 3. Probability Distribution 4. Business Statistics 5. Statistical Theory and Methods Economics 1. Principles of Economics 2. Economic Theory 3. Microeconomic Principles 4. Macroeconomic Principles 5. International Monetary Economics 6. Money and Banking 7. Financial Economics 8. Population Economics 9. Behavioral Economics International Business 1. Ethics 2. Business Ethics 3. An introduction to business studies 4. Organization & Management 5. Legal Environment of Business 6. Information Systems in Organizations 7. Operations Management 8. Global Business Policies 9. Industrial Organization 10. Business Strategy 11. Information Management and Technology 12. Company Structure and Organizational Management Accounting & Auditing 1. Financial Accounting 2. Managerial Accounting 3. Accounting for strategy implementation 4. Financial accounting 5. Introduction to bookkeeping and accounting Marketing 1. Marketing Management 2. Professional Development Strategies 3. Business Communications 4. Business planning 5. Commerce & Technology Human resource management 1. General Management 2. Conflict management 3. Leadership 4. Organizational Leadership 5. Supply Chain Management 6. Law 7. Corporate Strategy Creative Writing 1. Analytical Reading & Writing Other Expertise 1. Risk Management 2. Entrepreneurship 3. Management science 4. Organizational behavior 5. Project management 6. Financial Analysis, Research & Companies Valuation 7. And any kind of Excel Queries
4.80+
150+ Reviews
230+ Question Solved
Related Book For
College Accounting A Practical Approach
ISBN: 978-0133133233
12th Canadian edition
Authors: Jeffrey Slater, Brian Zwicker
Question Posted:
Students also viewed these Cost Accounting questions
-
Journalize, record, and post when appropriate the following transactions into the general journal (p. 2) for Kadens Clothing. All purchases discounts are 4/10, n/30. If using working papers, be sure...
-
Journalize, record, and post when appropriate the following transactions into the general journal for Kadens Clothing. All purchases discounts are 3/10, n/30. Assume the periodic inventory system. If...
-
Journalize, record, and post when appropriate the following transactions into the cash payments journal (page 2) for Morgan's Clothing. Use the same headings as found in the text for Arts Wholesale...
-
Is astrology scientific? The University of Chicago's General Social Survey (GSS) is the nation's most important social science sample survey. The GSS asked a random sample of adults their opinion...
-
Use graphs to determine which of the functions f(x) = x4 100 x3 and g (x) = x3 is eventually larger.
-
Consider the following four methods: public static int m1(int[] a) { int na.length, total = 0; for (int j=0; j < n; j++) } total total + a[j]; return total; public static int m2 (int[] a) { int...
-
Name two frequency-measuring instruments.
-
Asset Disposal Assume that Gonzalez Company purchased an asset on January 1, 2008, for $60,000. The asset had an estimated life of six years and an estimated residual value of $6,000. The company...
-
One subunit of Speed Sports Company had the following financial results last month: (Click the icon to view the financial results.) Read the requirements. Requirement 1. Complete the performance...
-
The Bayview Resort has three operating departmentsthe Convention Center, Food Services, and Guest Lodgingthat are supported by three service departments General Administration, Cost Accounting, and...
-
Mary James owns Mary's Card House in Halifax. As her newly hired accountant, your task is to: a. Journalize the following transactions for the month of March. b. Record in subsidiary ledgers and post...
-
As the accountant of Sara's Cupcakes of Cold Lake (a) Journalize the following transactions in the purchases journal (page 10) or the general journal (page 2 ), (b) Record and post as appropriate,...
-
The preceding exercise compresses a file. The compressed file contains the Huffman codes and the compressed contents. Write a program that decompresses a source file into a target file using the...
-
The (non-dimensional) point vortex model describes the dynamics of N point-like vortices in a two dimensional incompressible fluid having position r;= (zi, yi) and circulation Fi, with i = 1,..., N...
-
CVX's stock (Chevron) is currently trading t $156. Imagine that in one year, the price of CVX's stock can increase to either $178 or decrease to $112. Assume CVX pays no dividends. The risk-free rate...
-
For the second-order bandpass filter assume the op amp is ideal (40 points) (a) Find the transfer function, Vourt (joo)/ Vin(jo) Vin R1 C1 (b) How many poles and how many zeros are in the transfer...
-
For the following output expression: X = (A + BC)+(AB+C) + B a) - Draw the circuit for this output expression? b) - Simplify the output expression? c) - Write down the complete truth table? d) Draw...
-
Sharma Industries wishes to select the best of two possible investment projects - Gulf Oil and Esso. The firm observes that the risk-free rate is 7% and the market rate of return is 12%. The risk...
-
Takemoto Corporation borrowed $60,000 on November 1, 2020, by signing a $61,350, 3-month, zero-interest-bearing note. Prepare Takemotos November 1, 2020, entry; the December 31, 2020, annual...
-
Rewrite Programming Exercise 7.5 using streams. Display the numbers in increasing order. Data from Programming Exercise 7.5 Write a program that reads in 10 numbers and displays the number of...
-
1. Temporary accounts in the ledger should have a zero balance. 2. New figure for capital is determined inclosing. All closing can be done from the worksheet. Income Summary is a temporary account in...
-
From the following accounts, journalize the closing entries (assume that December 31 is the closing date). Mel Blanc, Capital 310 Gas Expense 510 130 5 Mel Blanc, Withdrawals 31 Advertising Expense...
-
Draw a T account of Income Summary and post to it all entries from question 3 that affect it. Is Income Summary a temporary or permanent account? Mel Blanc, Capital 310 Gas Expense 510 130 5 Mel...
-
A) Translate the following C into RV641 assembly. Be sure to follow the calling (Refer to slide22 of lec6_postZoom.pdf) and comment each line of your assembly. Remember that long long is 64 bits in...
-
Given a Binary Tree, find the maximum sum path from a leaf to root. Input: 1 A Input: 10 -27 4 23 Output: Explanation Following the path 3-1, results in a sum of 4, which is the maximum path sum from...
-
On December 1 , 2 0 1 5 , your company pays $ 2 4 , 0 0 0 for rent on your store that covers the next 6 months. When you paid the cash, you debited Prepaid Rent.. The adjusting journal entry on...
Study smarter with the SolutionInn App